Multiple Choice
The average hourly wage of employees of a certain company is $14.26. Assume the variable is normally distributed. If the standard deviation is $4.99, find the probability that a randomly selected employee earns less than $9.27.
A) 0.140 = 14.0%
B) 0.172 = 17.2%
C) 0.263 = 26.3%
D) 0.159 = 15.9%
Correct Answer:
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